Dovish taper by ECB expected fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Global yields move lower fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Aston Martin [AML.UK] +2% (earnings),
AB InBev [ABI.BE] +5% (earnings).
- UniCredit [UCG.IT] +3% (earnings),
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Continental [CON.DE] -1% (earnings).
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Telecom: Telecom Italia [TLIT.IT] -5% (Italian govt said to drop backing of Telecom Italia single network plan).
Speakers
- ECB Economic Bulletin noted that the near-term economic outlook remained clouded by uncertainty about the resurgence of the pandemic and the roll-out of vaccination campaigns. Preserving favorable financing conditions over the pandemic period remained essential.
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Norway Central Bank (Norges) Olsen post rate decision press conference noted that the economy should gradually normalize but uncertainty remained. Pandemic was not over but vaccinations were well underway and saw light at the end of the tunnel. Normalization of liquidity was well underway and saw all extraordinary loans repaid by end-Aug.